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UAE In-Focus: BOC lists $300m bonds on Nasdaq Dubai; Khalifa Ports

RIYADH: In a first-of-its-kind listing in Dubai, the Bank of China’s Dubai branch has issued the 2025-maturing bonds at a yield of 4.84 percent as BOC’s previous such listing was issued by its Abu

December 14

Region

Oil Updates — Crude slides; Iraq says it is keen to avoid crisis in

RIYADH: Oil prices fell on Monday, deepening a multi-week decline, as a weakening global economy offset supply woes stemming from the closure of a key pipeline supplying the US and the Russian threat

December 13

Region

Qatar corruption scandal engulfs European Parliament after arrest wave

LONDON: A corruption scandal has engulfed the European Parliament following the seizure of cash donations and detainment of an MEP linked to promoting Qatar’s hosting of the FIFA World Cup, the

December 13

Region

Jeddah hotel occupancy exceeds pre-pandemic levels in November

RIYADH: Saudi Arabia’s hotel industry continues on its trajectory to a full recovery with Jeddah’s room occupancy and tariffs in November surpassing pre-pandemic levels. A report released by global

December 12

Region

NCP partners with Banque Saudi Fransi to support privatization drive

RIYADH: In a move to foster greater participation of the banking sector in Saudi Arabia’s privatization drive, the National Center for Privatization & PPP, known as NCP, has signed a cooperation

December 12

Region

Loud blast, shots heard near China hotel in Afghan capital

KABUL: A loud blast and gunfire were heard in the Afghan capital Monday near a hotel popular with Chinese business visitors, a witness said. The Taliban claim to have improved national security since

December 12

Region

Elton John quits Twitter

LONDON: British musician Elton John quit Twitter on Friday, the latest high-profile celebrity to leave the social media platform following its acquisition by billionaire Elon Musk. John, who is

December 11

Region

Fritz to meet Medvedev in the final of the Diriyah Tennis Cup

RIYADH: Defending champion Daniil Medvedev and world No. 10 Taylor Fritz will compete in the final at the Diriyah Tennis Cup presented by Aramco. The pair enjoyed semifinal wins over Stan Wawrinka

December 11

Region

Balad Beast kicks off with a bang in Jeddah’s old town

JEDDAH: Music blasted through the famous historical houses in Al-Balad, as the new Jeddah MDLBEAST music festival Balad Beast kicked off with a bang on Friday night. The two-day event, hosted for the

December 10

Region

Police: Hostage situation ended in German city of Dresden

BERLIN: German police gave the all-clear after a hostage-taking that had prompted it to evacuate a shopping mall in the historic city centre of Dresden and shut the famous Striezelmarkt Christmas

December 10

Region

UKMTO says aware of reports of incident in Red Sea – statement

Britain’s Maritime Trade Operations (UKMTO) agency on Saturday said it was aware of reports of an incident involving a vessel in the Red Sea. The UKMTO, which is part of the Royal Navy, said the

December 10

Region

Pakistani journalist’s killing in Kenya a pre-meditated murder –

ISLAMABAD: A team set up by the Pakistani government to probe the killing of a well-known Pakistani journalist in Nairobi said it found several contradictions in the version given by Kenyan

December 09

Region

Egyptian actor Mohamed Farrag — ‘I used to put so much hate on

DUBAI: Mohamed Farrag did it the hard way. That’s why it feels different. As Arab News sits with the acclaimed Egyptian actor over lunch in Dubai, the proof is in the way that passersby greet him —

December 09

Region

Saudi Arabia and China to prioritize relations – Joint statement

RIYADH: Saudi Arabia and China vowed to prioritize relations as part of their foreign policy and setting a model of cooperation and solidarity for developing countries, according to a joint statement

December 09

Region

Sci-fi thriller ‘Slave’ set to debut at Red Sea International Film

RIYADH: “Slave,” a sci-fi thriller, premiered at the Red Sea International Film Festival 2022 this week and the film’s executive producer and director gave a glimpse of what went behind the scenes.

December 08

Region

’No small teams anymore’, FIFA chief hails best group stage

DOHA: FIFA President Gianni Infantino has hailed the group stage of the Qatar World Cup as the “best ever” and said the number of upsets and geographic breadth of the teams progressing indicated that

December 07

Region

Driven by economic diversification, KSA’s construction industry leads

RIYADH: Despite macroeconomic conditions impacting the sector globally, the construction industry in the Kingdom continues to lead the Middle East and North African region, said a recent report.

December 07

Region

Saudi sci-fi thriller ‘Slave’ debuts at Red Sea International Film

RIYADH: “Slave,” a sci-fi thriller, premiered at the Red Sea International Film Festival 2022 this week and the film’s executive producer and director gave a glimpse of what went behind the scenes.

December 07

Region

Croatia coach Dalic says Brazil World Cup squad ‘scary’

DOHA: Croatia coach Zlatko Dalic called Brazil’s squad “scary” but says his team are not big underdogs in Friday’s quarter-final against the World Cup favorites. Dalic’s side, runners-up at the 2018

December 06

Region

Iran arrests 12 with alleged European links: report

TEHRAN: Iran’s Revolutionary Guards have arrested 12 alleged members of a European-linked group accused of planning acts of sabotage in the country, Tasnim news agency said. The Islamic republic has

December 06

Region

Rwanda says international community not helping Congo crisis

KIGALI: Rwanda’s foreign minister has accused the international community of exacerbating the crisis the Democratic Republic of Congo’s east, after Washington pressed Kigali to end its alleged

December 06

Region

‘UK should prevent Albanians from claiming asylum,’ says immigration

LONDON: The UK should prevent Albanian migrants from seeking asylum in Britain, Immigration Minister Robert Jenrick has said. Sky News reported that Jenrick, who assumed the ministerial role on Oct.

December 05

Region

Saudi traffic drives Dubai Airports’ recovery post pandemic, says

RIYADH: Saudi Arabia played an important role in the Dubai Airports’ recovery post the pandemic as the Kingdom drove significant traffic growth between the two countries, according to the airport’s

December 05

Region

OPEC+ maintains status quo on output amid fresh price cap on Russian

RIYADH: The Organization of Petroleum Exporting Countries, and its allies, known as OPEC+, has agreed to roll over its existing output policy, just a day after the Group of Seven nations decided to

December 04

Region

Saudi Arabia clears 725 industrial projects worth $265bn in 9

Riyadh: Saudi Arabia has issued permits for 725 industrial projects worth an accumulated SR1.37 trillion ($265 billion) in the first nine months of 2022, according to data from the Ministry of

December 04

Region

‘The Last Queen’ director talks pandemic delays, Red Sea premiere

DUBAI: When French Algerian director Damien Ounouri was in his late teens, he knew he wanted to go into filmmaking. It was the 1990s and Ounouri consumed films by major Western directors such as

December 04

Region

Estonia to buy HIMARS rocket launchers from US

Tallinn, Estonia: Estonia has agreed to buy six HIMARS rocket systems from the United States worth over $200 million, the state defense investment agency said on Saturday. It is the largest arms

December 03

Region

Iranian state media: Construction begins on nuclear plant

CAIRO: Iran on Saturday began construction on a new nuclear power plant in the country’s southwest, Iranian state TV announced, amid tensions with the US over sweeping sanctions imposed after

December 03

Region

UK could fast-track asylum claims from Syria, Afghanistan

LONDON: The UK is to establish a two-tier asylum system to speed up claims from people fleeing war-torn countries such as Syria and Afghanistan, in plans set to be announced next week. The country

December 03

Region

In Maradona’s shadow, Messi strives for Argentina’s forever love

BUENOS AIRES/DOHA: Lionel Messi’s passionate performances at the Qatar World Cup are earning him oodles of love from Argentines, but their old favoritism for Diego Maradona may resurface unless he

December 02